> in those times, your computer was worth next to nothing in less than a year.

> ICE are stagnant. They retain their value because they're not improving at all.

This doesn't make sense. As already pointed out, the reason computers lose value is because the same money can buy something that does the job better (faster, lighter, etc). ICE don't retain value because they're not improving; they retain value because they still do the same job X years later.

EVs, meanwhile, are losing value even though the same money as a used EV can't buy anything that actually does the job better, as pointed out earlier in the thread. So there must be something else in play (such as battery degradation lowering value of EVs quicker than engine wear & tear lowers value of ICEs).

There is a lot of fear around battery degradation. People don not like EVs that have come off warranty.

So, while the batteries may last 800,000 km, people start to discount the replacement cost before they even hit 200,000 km.

Consumers do not have even experience yet to value used EVs properly. It is a great time to be a used EV buyer.

ICE and EV are two market segments. They are partially substitutable, but for many ICE customers an EV is a non-starter because of charging infrastructure, which means that if one of those customers needs to replace their ICE vehicle, they need to replace it with another ICE vehicle, and cannot take advantage of price drops in new EVs. (I ran into this personally; I wanted to get an EV, but my garage does not have a charger, none of the circuits near it could support a charger, and so I need to rewire my house and get a main panel upgrade to do more than L1 charging.)

Likewise US and rest-of-world are different markets because of trade barriers.

Within the EV market segment, the resale value may be plummeting because new car prices are declining because of improved technology and higher volume. Someone who is replacing their EV or looking for a new one already has the required charging infrastructure, otherwise they wouldn't be looking. But this price drop affects only other EV buyers, because ICE buyers cannot take advantage of it.

This insulation lasts only as long as the price differential between them remains less than the capital costs of getting a L2 charger and associated electrical upgrades.